Answer:
The answer is: Ashley needs to collect information from the budgeted income statement, cash budget and capital expenditure budget.
Explanation:
The budgeted income statement is the forecast of next year's income statement.
The cash budget includes all the company's expected cash inflows and outflows estimating cash receipts and cash payments.
The capital expenditure budget includes all the money the company expects to invest in purchasing new long term assets or improving and maintaining existing long term assets.
Answer: Enron
Explanation:
Enron scandal was an accounting scandal that involved Enron Corporation, which was an American energy company that was based in Houston, Texas.
Enron hid huge amount of trading losses, which led to its bankruptcy. The company used fraudulent accounting practices in order to inflate the revenue of the company and.hid the debt that the company incurred.
Answer:
Empowerment Inc.
The amount that Empowerment Inc should report as Retained Earnings as of May 1, 2018 is $67,000.
Explanation:
a) Statement of Retained Earnings:
Retained earnings, January 1 $85,000
Net loss (15,000)
Stock dividend (3,000)
Retained earnings, May 1, 2018 $67,000
b) Empowerment Inc. paid a stock dividend of 1,500; thus this additional shares will be valued at $3,000 (1,500 * $2) since the par value is $2. This will increase the Common stock shares outstanding to 11,500 shares to a value of $23,000. The additional $3,000 represents the value of the stock dividend, which reduces the balance of the Retained Earnings.
In addition, Empowerment Inc. incurred a net loss of $15,000. This amount reduces the Retained Earnings.
The effects of legislative laws on human resource professionals are important as it affects all the areas covered under human resource management.
<h3>What is a human resource?</h3>
Human resource is referring to the employees or workforce working or being employed in the organization by the HRs.
The legislation passed concerning HRM covers all the areas in which they are working. The areas can be the hiring of employees, monitoring their performance, compensation and rewards tracking, training regarding the projects of the company, induction of the company, etc.
Therefore, the laws relating to HRM would help HR managers in performing all the tasks in an efficient manner.
Learn more about the HRM in the related link:
brainly.com/question/20599129
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